Rebel Monkey Swings for $1M

Schachter, Ken
February 2008
Red Herring;2/6/2008, p5
Trade Publication
The article reports on the first-round financing received by Rebel Monkey, a developer of casual multi-player games, from Redpoint Ventures. A report by Pacific Crest Securities analyst Evan Wilson forecast that casual gaming revenue would nearly double from the $375 million in 2006 to $725 million in 2008. Scott Raney, a partner at Redpoint, said that portfolio companies like Gaia and Rebel Monkey are progressions from the company's MySpace investment.


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